Oil prices steady as Fed moves carefully on rate cuts, U.S. pushes for pause in Gaza war
Oil prices were largely flat Monday as the Federal Reserve moves carefully on interest rates cuts, and the U.S. pushes for an extended pause in the Israel-Hamas War.
The West Texas Intermediate contract for March dropped 31 cents, or 0.46%, to trade at $71.95 a barrel Monday morning. The Brent contract for April was down 17 cents,